I have no issue with all the previous statements, but I think your comment is demonstrative of falling in love with the stock and losing a sense of objectivity.
I genuinely think the company is doing well and moving forward is worth holding (even adding)… but I see your statement as one that is looking for reasons to justify holding the company - in which you’ve discounted the possibility that this may not mean anything, and is just paperwork to continue/update the status quo on financial records - which suggest that even if things were going downhill, you’d be able to justify it as a significant positive.
Just saying that mindset is not helpful in remaining objective. I think for the purposes of THIS discussion, it certainly IS the point whether the share purchase is new, or if it is just update of a paper trail. A new buy at this level after the history is a significant positive, with positive uncertainty as to a takeover in addition to the vote of confidence by a major company that has multiple reasons to avoid re-taking a position.
A beaurocratic update of the financial paperwork provides nothing more than an assertion of the status quo - and is neither positive nor negative. Take it as you wish. But I disagree with your notion that the distinction is not the point. It certainly is, both semantically AND from a sense of determining if there is an increase in non-transparent value.
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Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $695.2M |
Open | High | Low | Value | Volume |
41.5¢ | 42.0¢ | 41.0¢ | $513.7K | 1.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 125685 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 230201 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 125685 | 0.415 |
1 | 17830 | 0.410 |
2 | 12469 | 0.405 |
3 | 183563 | 0.400 |
1 | 84500 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 179485 | 5 |
0.425 | 172272 | 4 |
0.430 | 6976 | 1 |
0.435 | 6896 | 1 |
0.440 | 176320 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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